FICO quarterly profit rises on strong scores segment performance
28/01/2026 22:56
Jan 28 (Reuters) - Fair Isaac Corp FICO.N, commonly known as FICO, reported a rise in first-quarter profit on Wednesday, helped by strong performance in its scores segment. The company is best known for its FICO score, the standard measure of consumer credit risk used by banks, credit card issuers, mortgage lenders, and auto loan providers. Scores revenue, which includes its business-to-business and business-to-consumer scoring solutions, jumped 29.2% year-on-year to $304.5 million in the first quarter. Rising mortgage originations due to modest rate declines have driven more credit‑score checks, boosting FICO’s fee revenue, while broader lender adoption of its newer scoring models and software platforms further lifts income from its scores segment. FICO's total revenue jumped 16.4% to $511.9 million. Shares of the Bozeman, Montana-based company were down marginally in extended trading. The company's stock price fell more than 15% in 2025, as it came under fire from Federal Housing Finance Agency (FHFA) Director Bill Pulte over FICO pricing. FICO's adjusted profit for the quarter came in at $175.6 million, or $7.33 per share, in the three months ended December 31, compared with $143.8 million, or $5.79 per share, a year earlier. (Reporting by Pritam Biswas in Bengaluru; Editing by Leroy Leo) ((Pritam.Biswas@thomsonreuters.com;))